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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...The chief executive of BCG has said the $12bn consulting firm expects to generate a fifth of its revenues in 2024 from helping corporations integrate artificial intelligence into their businesses, a share...
April 23, 2024
Bain & Co Inc
Bain picks first European as global chief executive
...Bain & Company has picked the head of its European private equity advisory business to be its next global chief executive, as the consulting group deals with an industry slowdown and the fallout from a corruption...
January 9, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Deutsche Bundesbank
Bundesbank faces job cuts as consultants plot ‘modernisation’
...Unrest has been bubbling at the Bundesbank, a conservative and secretive pillar of the German establishment, since Joachim Nagel became its president last year and it hired Boston Consulting Group to make...
September 25, 2023
Chinese society
Netflix adaptation of sci-fi novel ‘The Three-Body Problem’ sparks anger in China
...in its first four days, making it the platform’s second most-viewed English TV show globally....
March 29, 2024
Citigroup Inc
Citi starts tracking how often private bankers call clients
...As part of a review of the business after Sieg joined, the consulting firm McKinsey identified 800 Citi clients who had significant net worth but did not have any investments with it, the people said....
February 15, 2024
Apple Inc
EU to hit Apple with first ever fine in €500mn music streaming penalty
...In a separate antitrust case, Brussels is consulting with Apple’s rivals over the tech giant’s concessions to appease worries that it is blocking financial groups from its Apple Pay mobile system....
February 18, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Israel-Hamas war
Ben & Jerry’s calls for permanent ceasefire in Gaza
...After consulting with Ben & Jerry’s management and stakeholders, Mittal said the board was confident its stance on a ceasefire was “consistent with the history and values of our company”....
January 16, 2024
Management consulting
Consulting firms freeze US starting salaries in bid to shore up profit
...“It is the hangover after the party,” said Fiona Czerniawska, chief executive of Source Global Research, a consulting sector analyst....
November 5, 2023
US foreign policy
McKinsey and BCG accused of withholding information on Saudi ties
...according to its legal action....
February 1, 2024
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...for Humira without consulting patients....
April 25, 2024
Accountancy
Investors left in the dark after US companies fail to file on time
...how it reviews loans....
March 1, 2024
Accounting & Consulting services
McKinsey and BCG warn staff face jail if they reveal Saudi work
...A Senate committee is investigating how Saudi Arabia is using “soft power” such as sports investments to extend its influence in the US, and lawmakers assailed the consulting groups for their work in the...
February 6, 2024
Inside BusinessSujeet Indap
Big money dispute shows value of ‘hired gun’ economists
...FTI, a diversified corporate consulting firm, has seen its stock price rocket seven times since 2006 when it closed the Compass acquisition and now has a market capitalisation of more than $7bn....
January 1, 2024
InterviewAccountancy
RSM rules out radical changes to accounting partnership model
...Becker took the helm of RSM US in 2022 having previously run its consulting business....
January 3, 2024
Accountancy
The dark art of bank fair-value accounting needs more transparency
...According to researcher Giuliano Bologna at Compass Point Research and Trading, Inc: In the third quarter of 2023, only six us banks had non-mortgage consumer loans (personal, student, etc), measured at...
January 19, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Britain after Brexit
Freeports are a regional industrial strategy that dare not speak its name Premium content
...Brexit in numbers Today’s chart is based on a piece of work by Boston Consulting Group that predicts that shifts in global trade flows towards more regional supply chains will result in UK goods trade with...
January 11, 2024
Skechers USA Inc
Skechers’ family troubles
...Inc., a footwear company based in California, agreed to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members....
March 8, 2024
Citigroup Inc
Citi raises CEO Jane Fraser’s pay to $26mn citing streamlining of strategy
...Fraser, a veteran of the consulting firm McKinsey and investment bank Goldman Sachs, took over in early 2021 with a mandate to fix Citi after the bank had underperformed its peers for years....
February 20, 2024
Middle East
Alvarez & Marsal restructuring executive detained in UAE
...An executive from consulting firm Alvarez & Marsal was detained in the United Arab Emirates while working to overhaul a Nasdaq-listed company that US authorities charged with fraud last month, according...
January 15, 2024
Television
Squid Game: The Challenge — Netflix megahit becomes an irresistible reality show
...It is also one of the most viscerally entertaining....
November 21, 2023
Equities
Move over Tesla, there’s a new options monster in town
...The rolling five-day average notional value of options tied to Nvidia has soared above $100bn this year, according to numbers compiled for FT Alphaville by Asym500, a derivatives consulting firm....
February 15, 2024
Britain after Brexit
Brexit brings with it a new kind of uncertainty Premium content
...This is shown by this week’s chart which is taken from a fascinating deep dive into UK trade performance by the Boston Consulting Group’s centre for growth, which is run by Raoul Ruparel, who in a previous...
November 23, 2023
PGA Tour Inc.
US senator vows to fight on against Saudi influence over golf
...The investigation has pulled American consulting firms into the congressional crosshairs....
February 12, 2024
Chinese business & finance
US consultancy Gallup withdraws from China
...Gallup, the polling and consulting group, is pulling out of China, making it the latest foreign company to retrench from the country amid rising scrutiny of western consultancies and whipsawing geopolitical...
November 4, 2023
Victoria PLC
Victoria plc’s audit nightmare
...This was because Victoria imposed a limitation of scope on its auditor, effectively stopping it from completing one aspect of its audit, which the company explained as follows (emphasis added): LIMITATION...
September 24, 2023

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